Roche sceptical about investing more in 'guided-missile' ADC cancer drugs
Roche was an early ADC pioneer with the drugs Kadcyla and Polivy but was disappointed by the outcome of further development efforts in the field.
Advertisement
Mannheim: Roche remains sceptical about investing more in the field of antibody-drug conjugates (ADCs), which have been described as "guided-missile" cancer drugs due to their precision, even as the field attracts heightened attention in the pharmaceutical industry.
"There are quite a few companies that invest in this area. As for us, we still have rather limited interest," Chief Executive Severin Schwan told journalists at a briefing.
The Swiss group's CEO declined to comment when asked about any takeover interest in ADC specialist Seagen Inc which, according to a Wall Street Journal report last week, has attracted Merck & Co and other rival drugmakers as potential suitors.
Roche was an early ADC pioneer with the drugs Kadcyla and Polivy but was disappointed by the outcome of further development efforts in the field.
Elsewhere, however, a recent drug trial success underscored the prospects of AstraZeneca and Daiichi Sankyo's ADC Enhertu as a potential multi-billion seller
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.